Sigma Planning Corp Sells 23,452 Shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Sigma Planning Corp reduced its position in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 19.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 98,120 shares of the company’s stock after selling 23,452 shares during the quarter. Sigma Planning Corp’s holdings in First Trust Enhanced Short Maturity ETF were worth $5,865,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FTSM. AdvisorNet Financial Inc acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter valued at $91,000. Centaurus Financial Inc. increased its holdings in shares of First Trust Enhanced Short Maturity ETF by 26.4% in the third quarter. Centaurus Financial Inc. now owns 2,521 shares of the company’s stock valued at $151,000 after purchasing an additional 527 shares during the last quarter. Global Trust Asset Management LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter valued at $159,000. Farmers & Merchants Investments Inc. acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at $177,000. Finally, Legacy Capital Wealth Partners LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF in the third quarter valued at $200,000.

First Trust Enhanced Short Maturity ETF Trading Up 0.1 %

NASDAQ:FTSM opened at $59.96 on Friday. First Trust Enhanced Short Maturity ETF has a one year low of $59.54 and a one year high of $60.16. The firm’s fifty day moving average price is $59.87 and its two-hundred day moving average price is $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, February 4th. Shareholders of record on Friday, January 31st were issued a $0.226 dividend. The ex-dividend date was Friday, January 31st. This represents a $2.71 annualized dividend and a dividend yield of 4.52%.

About First Trust Enhanced Short Maturity ETF

The First Trust Enhanced Short Maturity ETF (FTSM) is an exchange-traded fund that is based on the Bloomberg U.S. Short Treasury Bond index. The fund is actively-managed to invest in a variety of fixed income securities with a target maturity of less than three years. FTSM was launched on Aug 5, 2014 and is managed by First Trust.